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Veoneer, Inc. (VNE)

NYSE: VNE · IEX Real-Time Price · USD
35.23 -0.07 (-0.20%)
Oct 22, 2021 4:00 PM EDT - Market closed
Market Cap3.94B
Revenue (ttm)1.64B
Net Income (ttm)-427.00M
Shares Out111.98M
EPS (ttm)-3.83
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume669,403
Open35.20
Previous Close35.30
Day's Range35.17 - 35.31
52-Week Range14.64 - 40.46
Beta2.51
AnalystsHold
Price Target32.52 (-7.7%)
Est. Earnings DateOct 26, 2021

About VNE

Veoneer, Inc. engages in the design, development, manufacture, and sale of automotive safety electronics primarily in North America, Europe, and Asia. It offers automotive radars, mono-and stereo-vision cameras, night driving assist systems, advanced driver assist systems (ADAS), electronic control units, airbag control units, crash sensors, seat belt pre-tensioner electronic controllers, and ADAS software for highly automated driving (HAD) and autonomous driving (AD). The company also provides driver monitoring systems, LiDAR sensors, RoadScap...

IndustryAuto Components
CEOJan Carlson
Employees6,046
Stock ExchangeNYSE
Ticker SymbolVNE
Full Company Profile

Financial Performance

In 2020, Veoneer's revenue was $1.37 billion, a decrease of -27.81% compared to the previous year's $1.90 billion. Losses were -$545.00 million, 9.00% more than in 2019.

Financial Statements

Analyst Forecast

According to 19 analysts, the average rating for Veoneer stock is "Hold." The 12-month stock price forecast is 32.52, which is a decrease of -7.69% from the latest price.

Price Target
$32.52
(-7.69% downside)
Analyst Consensus: Hold

News

Will Veoneer, Inc. (VNE) Report Negative Q3 Earnings? What You Should Know

Veoneer, Inc. (VNE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 week ago - Zacks Investment Research

Ford Honors Veoneer at 23rd Annual World Excellence Awards

STOCKHOLM, Oct. 15, 2021 /PRNewswire/ -- The automotive technology company Veoneer, Inc. (NYSE: VNE) (SSE: VNE SDB),  has been recognized as a top-performing global supplier at the 23rd annual Ford Worl...

1 week ago - PRNewsWire

SHAREHOLDER ALERT: WeissLaw LLP Reminds CLDB, VEI, SBKK, and VNE Shareholders About Its Ongoing Investigations

NEW YORK, Oct. 12, 2021 /PRNewswire/ -- If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice or your rights or...

Other symbols:CLDBVEI
1 week ago - PRNewsWire

3 Reasons Qualcomm's Acquisition of Veoneer Could Make It an Unstoppable Connected Car Stock

Qualcomm is looking to build up its business beyond just smartphones.

Other symbols:QCOM
2 weeks ago - The Motley Fool

Qualcomm Acquires Veoneer (VNE), Defeats Magna With Higher Bid

The latest deal to acquire Veoneer (VNE) puts an end to the bidding war brewing between Qualcomm and Magna for control of the Swedish automotive-technology company.

Other symbols:MGAQCOM
2 weeks ago - Zacks Investment Research

Qualcomm (QCOM) Eyes Firm ADAS Footing, Snaps Up Veoneer

With the acquisition, Qualcomm (QCOM) aims to augment its automotive business as it strives to boost revenues beyond chip making for the smartphone market.

Other symbols:QCOM
2 weeks ago - Zacks Investment Research

(VNE): Johnson Fistel Investigates Proposed Sale of Veoneer, Inc.; Is $37.00 a Fair Price?

SAN DIEGO, Oct. 5, 2021 /PRNewswire/ -- Shareholder rights law firm Johnson Fistel, LLP has launched an investigation into whether the board members of Veoneer, Inc. (NYSE: VNE) ("Veoneer" or the "Compa...

2 weeks ago - PRNewsWire

SHAREHOLDER ALERT: WeissLaw LLP Reminds KRA, HOMB, MSON, and VNE Shareholders About Its Ongoing Investigations

NEW YORK, Oct. 4, 2021 /PRNewswire/ -- If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice or your rights or ...

Other symbols:HOMBKRAMSON
2 weeks ago - PRNewsWire

Qualcomm Beat Magna International To Scoop Veoneer For $4.5B

Qualcomm Inc (NASDAQ: QCOM) and SSW Partners agreed to acquire Veoneer Inc (NYSE: VNE) for $37.00 per share in an all-cash transaction, representing a total equity value of $4.5 billion for Veoneer. The...

Other symbols:QCOM
2 weeks ago - Benzinga

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation into the Fairness of the Sale of Veon...

New York, New York--(Newsfile Corp. - October 4, 2021) -  The following statement is being issued by Levi & Korsinsky, LLP:To: All Persons or Entities who purchased Veoneer, Inc. (NYSE: VNE) ("Veoneer" ...

2 weeks ago - Newsfile Corp

Qualcomm and investment firm SSW agree to buy auto-parts supplier Veoneer for $4.5 billion

Automotive technology is becoming increasingly important to Qualcomm as cars turn into computers.

Other symbols:QCOM
2 weeks ago - CNBC

Qualcomm acquires Veoneer for $4.5 billion, canceling its agreement with Magna

Qualcomm scored the purchase of Swedish automotive tech company Veoneer, nudging out Magna International with a higher bid. Qualcomm and investment group SSW Partners said Monday they would acquire Veon...

Other symbols:MGAQCOM
2 weeks ago - TechCrunch

Qualcomm, SSW Partners to acquire Veoneer for $37 per share

Qualcomm and SSW Partners plan to acquire Veoneer for $37 per share, or roughly $4.5 billion. CNBC's "Squawk on the Street" discuss.

Other symbols:QCOM
2 weeks ago - CNBC Television

Qualcomm, SSW Partners to buy Veoneer in $4.5 billion deal

Swedish automotive technology group Veoneer said on Monday chipmaker Qualcomm Inc and SSW Partners, a New York-based investment partnership, had reached a definite agreement to buy it.

Other symbols:QCOM
2 weeks ago - Reuters

Qualcomm, investment firm SSW Partners to buy Veoneer for $4.5 billion

Qualcomm Inc and investment firm SSW Partners said on Monday they had reached a deal to buy Swedish company Veoneer Inc for $4.5 billion in cash.

Other symbols:QCOM
2 weeks ago - Reuters

Veoneer provides update regarding discussions with Qualcomm

STOCKHOLM, Sept. 14, 2021 /PRNewswire/ -- The automotive technology company Veoneer, Inc. (NYSE: VNE) and (SSE: VNE SDB) today confirmed that it has received an updated non-binding proposal from Qualcom...

1 month ago - PRNewsWire

Veoneer Shares Pop As Qualcomm Beats Magna's Takeover Offer: Bloomberg

Qualcomm Inc (NASDAQ:QCOM) has made a bid to acquire automotive technology company Veoneer Inc (NYSE:VNE) for over $4 billion, beating Magna International Inc's (NYSE:MGA), Bloomberg reports. Magna offe...

Other symbols:MGAQCOM
1 month ago - Benzinga

Veoneer Files Definitive Proxy in connection with Magna Merger Agreement

STOCKHOLM, Sept. 9, 2021 /PRNewswire/ -- The automotive technology company Veoneer, Inc. (NYSE: VNE) and (SSE: VNE SDB), today announced that it has filed a definitive proxy statement with the Securitie...

Other symbols:MGA
1 month ago - PRNewsWire

Veoneer products enable level 3 hands-off self-driving tech

STOCKHOLM, Sept. 6, 2021 /PRNewswire/ -- The automotive technology company Veoneer, Inc. (NYSE: VNE) and (SSE: VNE SDB), is proud contributor to the Highly Automated Driving solution in the Mercedes-Ben...

1 month ago - PRNewsWire

Veoneer has set date for Special Meeting of Stockholders

STOCKHOLM, Sept. 2, 2021 /PRNewswire/ -- The automotive technology company Veoneer, Inc. (NYSE: VNE) and (SSE: VNE SDB) has set the date for its special meeting of stockholders to consider and vote on a...

1 month ago - PRNewsWire

Will Big Auto Be Able to "Kill" Its Own Products With New Electric Vehicles?

Or will Tesla and the EV start-ups prevail?

Other symbols:APTVFGMTMTSLA
2 months ago - The Motley Fool

Qualcomm May Buy Auto Parts Maker Veoneer In Connected Car Push

Swedish automotive technology company Veoneer will hold formal talks with Qualcomm about an acquisition bid from the chip-maker, Veoneer announced Sunday (Aug. 8). A recent offer from Qualcomm is likely...

Other symbols:QCOM
2 months ago - PYMNTS

Veoneer to Engage in Discussions with Qualcomm

STOCKHOLM, Aug. 9, 2021 /PRNewswire/ -- The automotive technology company Veoneer, Inc. (NYSE: VNE) and (SSE: VNE SDB), today announced that Veoneer's board of directors has determined that Qualcomm's p...

2 months ago - PRNewsWire

Veoneer To Begin Discussions with Qualcomm On Takeover Bid

Veoneer Inc. (NYSE: VNE) has announced plans to begin discussions with Qualcomm Inc. (NASDAQ: QCOM) after the chipmaker issued a $4.6 billion takeover bid. What Happened: The Swedisth auto parts maker s...

Other symbols:QCOM
2 months ago - Benzinga

Sweden's Veoneer says will start talks with Qualcomm over offer

Veoneer Inc said on Sunday it would start talks with chipmaker Qualcomm Inc after its offer for the Swedish auto parts maker last week topped a rival bid by Magna International Inc.

Other symbols:QCOM
2 months ago - Reuters